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October 20, 2025
China's crude stockpile flow dropped dramatically in September, as lower imports combined with increased refinery processing reduced the excess that was available to store. China's crude oil surplus was 570,000 barrels a day (bpd), down from 1,01 million bpd, in September.
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October 20, 2025
China's crude stockpile fell sharply in September, as a result of lower imports and increased refinery processing. According to calculations based upon official data, China's crude surplus in September was 570,000 barrels a day (bpd), down from 1,01 million bpd during August.
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October 16, 2025
European traders reported on Thursday that Algeria's state grain agency OAIC purchased approximately 400,000 metric tonnes of durum wheat at an international auction which ended on Wednesday. Algeria often purchases more than the nominal 50,000 tons sought in the tender.
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October 16, 2025
QatarEnergy, a state-owned company, has cut the price of al-Shaheen oil loadings in December by more than one year, according to several sources in the trade. The market was hampered by an abundance of Middle Eastern crude oil. Sources said…
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October 15, 2025
According to traders, only one trading firm is believed to have participated in the international bid on Wednesday by Jordan's state grain buyer to buy up to 120,00 metric tons animal feed barley. Trading house Bunge was thought to be the participant.
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October 15, 2025
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline to submit price offers for the tender is October 21, 2010. The traders had expected a new announcement after Jordan's previous tender of 120…
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October 14, 2025
In an international auction held on Tuesday, Jordan's state grain buyer bought about 60,000 metric tonnes of hard milling whey from optional origins. They said that it was estimated to have been purchased from CHS trading house at a cost of $262.50 per ton…
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October 14, 2025
Following the peace summit held in Egypt on Monday, FIFA President Gianni Infantino promised to support efforts to rebuild the football infrastructure in Gaza. This is part of a larger post-war reconstruction effort. Infantino attended the meeting in Sharm El-Sheikh, a resort on the Red Sea.
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October 13, 2025
Saudi Arabia's General Food Security Authority, the country's largest state wheat-buying agency, said Monday that it had bought around 500,000 metric tonnes of wheat from Saudi investors overseas. On the social media platform X, GFSA announced…
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October 9, 2025
On Thursday, President Donald Trump's administration announced that the U.S. had imposed sanctions against about 100 individuals and entities, including a Chinese refinery and terminal independent of China, which helped Iran in its oil and petrochemicals trading.
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October 8, 2025
Abu Dhabi National Oil Company announced on Wednesday that six of its publicly listed subsidiaries would distribute 158 billion AED (43.02 billion dollars) in dividends before 2030. ADNOC Gas signed a contract worth 146,9 billion AED (40 billion dollars) for the Ruwais project.
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October 8, 2025
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from a variety or origins. European traders confirmed this on Wednesday. The deadline for submitting price offers is October 14.
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October 7, 2025
Intercereales' Philippe Heusele said that French wheat exporters would supply Morocco with 3.5 million tons of soft wheat, or two thirds, during the 2025-2026 harvest season. Moroccan traders and French grains associations Synacomex estimate…
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October 6, 2025
The General Food Security Authority of Saudi Arabia (GFSA) announced on Monday that the country purchased 455,000 metric tonnes of wheat at an international tender in December and early January. In a press release, Ahmad Al-Fares, CEO of GFSA…
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October 2, 2025
Alparslan Bayraktar, the Energy Minister of Turkey, said that talks are underway with Morocco to rent out a regasification vessel. Bayraktar told CNN Turk that Turkey has recently begun using its floating storage and regasification units (FSRU) for export…
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October 2, 2025
Israeli forces intercepted 40 boats, carrying foreign activists and aid to Gaza. This included Swedish activist Greta Thönberg. The incident sparked international protests and condemnation on Thursday. The cameras broadcasting the live feeds…
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October 2, 2025
According to preliminary data from ship tracking, analysts, and a refinery, fuel oil imports into the U.S. Gulf Coast reached a record high of two-and-a half years in September. This was due to an increase in cargoes coming from the Middle East…
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October 2, 2025
General Food Security Authority said Thursday that Saudi Arabia had issued a tender for the purchase of 420,000 metric tonnes of hard milling grain. GFSA stated in a press release that the delivery of wheat with a 12.5% protein content is planned for December to January.
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October 1, 2025
European traders reported that Jordan's state grain purchaser purchased approximately 60,000 metric tonnes of animal feed barley in an international bid seeking up to 122,000 tons on Wednesday. The traders reported that the barley had been purchased…
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September 30, 2025
The Italian Defence Ministry announced on Tuesday that the Italian navy would stop following the international aid flotilla once it reached a distance of 150 nautical miles (278 kilometers) from the shore. The Global Sumud Flotilla is a group of over 40 civilian boats…